The property currently operates as an income-producing office with straightforward redevelopment potential. In-place income provides a solid placeholder while future redevelopment plans are evaluated. Located in the highly-trafficked The Streets at Southpoint area on NC-54, parallel to I-40 between Fayetteville Rd and Hwy 55. The property is surrounded by residential communities and sits across from a preschool and a new multifamily development. A signalized intersection one block east of the property serves as the main entrance to Parkwood, a classic Durham planned community with 3,500+ residents.